DeFiFoundry
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Submission Details
Severity: low
Invalid

Missing Deadline in PerpetualVault::deposit function allows delayed execution

Summary

The deposit() function queues share minting for later execution via nextAction when positionIsClosed is false, but lacks a deadline parameter. This allows deposits to be executed at any future time without user-specified time constraints.

Vulnerability Details

When positionIsClosed is false, the deposit does not mint shares immediately. Instead, it is deferred through nextAction, which relies on external execution. However, since there is no deadline parameter, the deposit can remain unprocessed indefinitely or not be executed for a very long time.

Impact

  • Deposits can be executed long after submission, potentially at unfavorable market conditions.

  • inancial losses due to market fluctuations.

Tools Used

Manual Review

Recommendations

add a deadline parameter to the deposit function:

function deposit(uint256 amount, uint256 deadline) external {
if (block.timestamp > deadline) revert DeadlineExpired();
// ... rest of function
}

This simple change provides users control over the maximum execution time of their deposits.

Updates

Lead Judging Commences

n0kto Lead Judge 9 months ago
Submission Judgement Published
Invalidated
Reason: Non-acceptable severity
Assigned finding tags:

Admin is trusted / Malicious keepers

Please read the CodeHawks documentation to know which submissions are valid. If you disagree, provide a coded PoC and explain the real likelihood and the detailed impact on the mainnet without any supposition (if, it could, etc) to prove your point. Keepers are added by the admin, there is no "malicious keeper" and if there is a problem in those keepers, that's out of scope. ReadMe and known issues states: " * System relies heavily on keeper for executing trades * Single keeper point of failure if not properly distributed * Malicious keeper could potentially front-run or delay transactions * Assume that Keeper will always have enough gas to execute transactions. There is a pay execution fee function, but the assumption should be that there's more than enough gas to cover transaction failures, retries, etc * There are two spot swap functionalies: (1) using GMX swap and (2) using Paraswap. We can assume that any swap failure will be retried until success. " " * Heavy dependency on GMX protocol functioning correctly * Owner can update GMX-related addresses * Changes in GMX protocol could impact system operations * We can assume that the GMX keeper won't misbehave, delay, or go offline. " "Issues related to GMX Keepers being DOS'd or losing functionality would be considered invalid."

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